Amazon rival Mercado Libre to invest $4.6 billion in Mexico
Mercado Libre, a Latin American rival of Amazon, has announced a $4.6 billion investment in Mexico during a period marked by tricky US trade talks.
The Argentine company made the announcement as Mexico reviews its free trade agreement with the United States and Canada known as USMCA.
The investment “shows confidence in Mexico,” President Claudia Sheinbaum told a daily press conference on Wednesday.
